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Based on the following data: The results of a recent survey indicate that the average new car costs $23,000 with a standard deviation of $3500.
Based on the following data: The results of a recent survey indicate that the average new car costs $23,000 with a standard deviation of $3500. The price of cars is normally distributed.
1.At what percentile rank is a car that sold for $12,000?
2.At what percentile rank is a car that sold for $30,000?
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